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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,775 | $99,079-50.8% | $78,002-37.5% | $273,972-82.2% |
| Participation rate | 14.3% | 78.6%-64.3pp | 75.5%-61.2pp | 83.0%-68.7pp |
| Annual return | 9.46% | 217.93%-208.5pp | 425.99%-416.5pp | 41.46%-32.0pp |
| Employer contribution / active EE | $223 | $3,308-93.3% | $2,470-91.0% | $4,869-95.4% |
| Participant deferral / active EE | $614 | $4,306-85.7% | $3,497-82.4% | $5,287-88.4% |
| Admin fee / account holder | $0 | $8,954-100.0% | $5,481-100.0% | $10,133-100.0% |